Brown Financial Advisors Takes $1.90 Million Position in VanEck Digital India ETF $DGIN

Brown Financial Advisors bought a new position in shares of VanEck Digital India ETF (NYSEARCA:DGIN) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 48,946 shares of the company’s stock, valued at approximately $1,902,000. Brown Financial Advisors owned approximately 11.38% of VanEck Digital India ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Compass Financial Management LLC acquired a new stake in VanEck Digital India ETF during the 2nd quarter valued at $64,000. Osaic Holdings Inc. lifted its holdings in VanEck Digital India ETF by 887.2% in the 2nd quarter. Osaic Holdings Inc. now owns 3,534 shares of the company’s stock worth $156,000 after buying an additional 3,176 shares in the last quarter. Copley Financial Group Inc. acquired a new position in VanEck Digital India ETF in the 2nd quarter worth $309,000. Condor Capital Management boosted its position in VanEck Digital India ETF by 5.0% in the 4th quarter. Condor Capital Management now owns 7,918 shares of the company’s stock valued at $324,000 after buying an additional 378 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new position in VanEck Digital India ETF in the 3rd quarter valued at about $840,000.

VanEck Digital India ETF Price Performance

Shares of VanEck Digital India ETF stock opened at $37.84 on Monday. VanEck Digital India ETF has a 1-year low of $30.20 and a 1-year high of $43.80. The company has a market capitalization of $16.27 million, a PE ratio of 40.34 and a beta of 0.69. The business has a 50-day moving average of $36.45 and a 200-day moving average of $34.67.

VanEck Digital India ETF Profile

The VanEck Digital India ETF (DGIN) is an exchange-traded fund that is based on the MVIS Digital India index. The fund tracks a market cap-weighted index of Indian companies that are involved in the digitalization of India’s economy. DGIN was launched on Feb 15, 2022 and is managed by VanEck.